ARCHIVED - Inflation in Murcia the second lowest in Spain

Only the Canaries has seen prices rise by less over the last 12 months

During the first two months of this year the inflation rate in Murcia was the lowest in any of Spain’s 17 regions, but a rise of 0.4 per cent in the retail price index in March alone means that now the annual figure in the Costa Cálida has moved above that in the Canaries.

Prices in the Region of Murcia are now calculated to have risen by 0.9 per cent over the last year (as opposed to 0.7 per cent in the Canaries), while at the other end of the scale the rate in March is reported to have been 1.7 per cent in Navarra and 1.6 per cent in Madrid and Castilla y León.

The national average, meanwhile, is confirmed to be 1.3 per cent, having risen slightly since February due principally to price increases in the textile, footwear and transport sectors. On the other hand, negative inflation is reported in housing costs and medications.